The committee headed by Prof S Sadagopan, director, International Institute Information Technology, Bangalore, will suggest steps for implementing a central database of stock market participants.
It involved collection and maintenance of data in respect of the participants such as demographic details, biometric impressions and digital photographs. Sebi awarded the work of MAPIN to the National Securities Depository Ltd in May 2003 through a memorandum of understanding without competitive bidding.
Is this year's budget going to encourage savings and investments or is it going to act as a dampener?
One only hopes that the SEBI will take measures to encourage participation from the retail investor.
Here's your chance to tell the world about your favourite Ash Rai moment!
'Over one million people served in various battlefronts during World War I. And yet, even today, we know so very little about them.' 'It is absolutely essential to acknowledge this part of India's colonial history,' Santanu Das tells Vaihayasi Pande Daniel/Rediff.com
'Many sepoys fought with distinction, winning some of the first Victoria Crosses to be awarded to Indians; and indeed, as in any army fighting under such inhumane conditions -- standing in the freezing sludge, with shrapnel tearing through bodies and being subjected to gas attacks -- some buckled under pressure.'